Our Black Friday Sale is now live until Monday 29th November 2021! Apply a 15% discount to your cart in Store using promotional code: EBLACKFR21

Economy Our insights on the global economy, business environment and B2B sectors inform business strategy and pinpoint opportunities and risks.

Indonesia Set to Show the Strongest Growth in its Education Industry

Euromonitor International Profile Picture
Euromonitor International Bio

With a booming youth population and low enrollment ratios, Indonesia is a candidate for having the  highest future growth in its education industry globally. In 2016, the enrollment ratio in tertiary education stood at 32% in Indonesia, compared to 44% in China or 40% in Malaysia.

Given that the public support for education is unceasing, and incentives to improve the quality of education are efficient, the Indonesian education industry should surpass a CAGR of 10% over 2016-2025.

Countries with Highest CAGRs in Education Revenues Over 2016-2025


Country Value in 2025, USD million CAGR% over 2016-2025
Indonesia 118,607.80 10.3
Kuwait 22,896.60 10.2
India 261,863.20 9.8
Kenya 12,873.30 8.4
South Africa 10,988.60 8
Vietnam 10,013.00 7.9
Hong Kong, China 7,340.90 7
Slovakia 7,340.90 6.9
Colombia 35,712.90 6.8
Thailand 35,080.10 6.7

Government investment in education in Kuwait should contribute greatly to the impressive growth expected over 2016-2025, since education is perceived as one of the priorities for the country’s diversification strategy. Already in 2016, 9.5% of the public budget was allocated to education.

The small but rapidly growing population is increasing demand for education capacity, while high GDP per capita will enable Kuwaitis to invest in education for themselves and their children.

Download our free report extract Current Trends in the Global Education Sector to learn more about the key drivers impacting the education industry.

Interested in more insights? Subscribe to our content

Shop Our Reports

Sustainability in Latin America

Latin America has among the largest forest and biodiversity availability in the world, but poor environmental protection and rapid forest loss threatens the…

View Report

Food, Beverages and Tobacco in Middle East and Africa

The Middle East and Africa remains one of the smallest food and beverage-producing regions globally, registering turnover of USD442 billion in 2020.…

View Report

Sustainability in the Middle East and Africa

The MEA region remains divided in terms of sustainability, as Africa continues to lack the financial means to reach Middle Eastern levels in terms of…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More